WOOD Flash – CE4 macro: a discussion of how high rates could go, realistically, in the next 24 months
The COVID-19 epidemic has brought many surprises and shocks to economies and policy makers, triggering an unprecedented magnitude of stimulus, which may be too much in CEE, with hindsight, as there are no genuine concerns about falling potential growth rates, due to either COVID-19 or the digital transition. In this flash note, we refresh our baseline scenarios for the policy rate outlook through to 2023E, and we present an alternative, realistic, but intentionally upward-biased, inflation outlook, and the corresponding, realistic, but intentionally upward-biased, policy response.
WOOD & Company is the leading investment bank in Emerging Europe. Founded in 1991 and head-quartered in Prague, our footprint spans the region and touches investors around the globe.
A pioneer in Emerging Europe, WOOD executed many of the first CEE equity trades and landmark investment banking transactions. Our electronic trading platform was the first in the region, and remains the best. We are continually expanding our relevance and reach in these ever-evolving markets.
Our equity market share reflects our stature: 7% in Warsaw, 20% in Bucharest, 16% in Hungary, 40% in Prague and 5% in Vienna. Our distribution is unparalleled, with the largest salesforce in the region, servicing a uniquely diverse investor base.
We couple local expertise with a truly international perspective. With offices on the ground in the region, and in key financial hubs such as London and Milano, we are never far from our clients and we remain at the forefront of what’s afoot in the CEE emerging and frontier landscape.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.